The latest data from REcolorado shows consumers kept the metro Denver real estate market active in May, with month-over-month gains across major market indicators.
There was a welcome increase in new listings that helped inventory levels grow and kept sales strong. Market challenges remain; however, we continue to see strong numbers this buying and selling season, as home buyers shrug off higher prices and the lack of inventory, a sign of continued confidence in the economy.
Inventory of available homes for sale in the greater Denver Metro area saw a month-over-month lift in … (0 comments)
denver co real estate: Study Shows Many Denver Homebuyers Clueless When it Comes to Mortgages
- 06/21/13 03:25 AM
The housing market is picking up, and there are many Denver homebuyers out there that are about to make the largest purchase of their lives – and they are unprepared. A recent survey of 1000 current and prospective homeowners conducted by Zillow showed that one-third were unable to correctly answer basic questions on choosing a lender and financing. 31% of the buyers surveyed did not think it was possible to get a mortgage with less than 5% down, and 34% of those surveyed were not aware of what the term "annual percentage rate" (APR) was. The truth is loans for … (2 comments)
denver co real estate: Home Prices in Metro Denver Rise for the 9th Straight Month
- 12/09/12 10:28 PM
The housing market in the Denver area is continuing to strengthen. Home prices in the metro Denver area rose in October, marking the ninth straight month in a row according the most recent home price index released by CoreLogic. Denver-Aurora-Broomfield metro area home prices experienced a substantial increase of 9.2 percent in October when compared to the same period of time last year. The increase takes into account all sales, including those of distressed properties and REO properties. Home prices on a month over month basis in the Metro Denver area rose by 0.1 percent from September, but the small … (2 comments)
So how exactly does a community become rejuvenated? What initially happens that sparks the process, and why does it continue? We'd like to examine Denver Highlands, one such Denver neighborhood that has undergone a renaissance of sorts and how it has effectively changed not just the look of the town, but its path going forward and its real estate prices right along with it. To understand how we got here today, we need to understand where we came from. The town site of Highland was laid out in December 1858. After the May 1864 flood wiped out parts of … (2 comments)
The big story continues to be the low amounts of inventory as we see the Single Family Inventory hovering at 8,700 listings during the primest of times to list a home in the Denver market. We are continuing to see more of the same: a limited amount of inventory of homes available for sale, continuing/expanding buyer demand, and multiple offers that are now happening in the higher price ranges. The limited inventory of homes available for sale and high buyer demand has led to the bidding wars which are now prevalent. Denver continues to be one … (2 comments)
denver co real estate: Denver Home Values Expected to Increase
- 06/09/12 04:26 AM
It’s a good time to be a Denver home seller, so say the results of the HomeGain National Home Values Survey for Q1 2012. HomeGain queried over 400 real estate agents/brokers and more than 1700 homeowners, grouping results nationally and by region. Nationally, 37 percent of Realtors® and 25 percent of homeowners believe home values will increase in the coming months. Last quarter both groups weighed in at just 15 percent. On the flip side, only 22 percent of agents surveyed expect decreasing home values in the next six month versus 42 percent last quarter. Homeowners expecting a drop went from … (2 comments)
denver co real estate: New Credit Report Could Help Denver Home Borrowers
- 10/06/11 03:03 PM
Home borrowers in Denver and across the country have another service to disclose their credit worthiness to lenders. CoreLogic now offers CoreScore, a credit report intended to give lenders more and/or different information than is found in existing credit reports. If you’re borrowing to refinance or buy a home in Denver, this could be good news.
CoreScore actually works a bit in reverse of existing credit reporting companies. In addition to uncovering existing debt obligations, CoreLogic will also seek out “previously hidden credit behavior that could improve a consumer’s credit profile.” This in turn could create new opportunities for lenders … (2 comments)
denver co real estate: Home Insurance Advice for Denver Homeowners - Do You Have Enough?
- 06/05/11 07:48 AM
Fortunately for Denver homeowners, our area has not been struck lately by natural disasters like so many other parts of the country. We haven't had to find out the hard way whether we have sufficient insurance coverage on our homes. Unfortunately, many victims of floods, tornadoes and wildfires are learning very difficult lessons about what it means to have enough homeowner's insurance coverage. Homeowners insurance is a critical piece of your protection plan. Even if your mortgage has been paid off, you should still have insurance to protect yourself from loss. Coverage typically includes loss of use or damage to the … (0 comments)
News and information related to living in Douglas County and Parker, Colorado. Go to our website at http://www.BandyHomes.com to search all homes and real estate for sale in Parker and the entire Denver metro area. Save your searches & favorite properties, make notes on each property, photos of Denver properties.
Increase in Inventory Keeps Metro Denver Colorado Home Sales Strong
;)
;)
;)
